Philadelphia International Advisors’s Grupo Cibest S.A. American Depositary Shares (each representing four (4) Preferred Shares) CIB Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-700	Closed	-$34K	–	71
2014 Q4	$34K	Buy	+700	New	+$34K	0.01%	69